117 Gault St UNIT FSanta CruzCA95062
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Santa Cruz at 117 Gault St UNIT F, Santa Cruz, CA, 95062 listed at $850,000 pairs $8,081/mo rent with a $4,160/mo payment to leave $2,160/mo cash flow. Total monthly income runs $8,081/mo, and annual cash flow reaches $25,915/yr on $279,650 cash to close. Return on cash invested measures 29.33% in year one, and rental yield registers 11.41% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 154.34% and total cumulative return in cash totals $431,626. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,081/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2006
958 sqft lot
$N/A/sqft
$463 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95062, Santa Cruz, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,788 (100%) |
| Owner Occupied HU | 7,551 (45.0%) |
| Renter Occupied HU | 7,200 (42.9%) |
| Vacant Housing Units | 2,037 (12.1%) |
| Median Home Value | $1,096,316 |
| Average Home Value | $1,166,941 |
Housing Distribution
Address Breakdown
Residential
16,074
Single Family
14,626
Multi-Family
1,448
Businesses
1,258
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Listed by: Chelsie Wiget • eXp Realty of California Inc
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81970917
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 23:32:43 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.